The estate, which is a joint venture with Echostone Development consists of 252 two-bedroom terrace bungalows in an eco-friendly environment.
Governor Babajide Sanwo-Olu, who commissioned the estate, stressed that the collaboration with investors in housing development has yielded fruitful results in housing delivery in the State by adding to the existing stock of homes.
He urged genuine investors to come forward to partner with the state government in meeting the increasing housing needs of the State, saying that “the State Government will continue to provide a conducive environment for investment in the housing sector.”
Earlier, the Commissioner for Housing, Hon. Moruf Akinderu-Fatai, said the joint ventures with the private sector have resulted in the addition of new homes in the state within the past eighteen months.
These include Courtland Villas, Igbokushu (120 units) and Lekki Apartments in Lekki Phase 1 (124 units), with more being expected from schemes at Lagoshoms Lekki Phase 2 (84 units) and Lagoshoms Iponri (132 units).
He described the commissioning of the Affordable Public Housing Scheme Idale as historic, being the first green and eco-friendly estate constructed by Lagos state.
He pointed out that the estate comes “with the convenience of low-cost maintenance in terms of water usage and energy efficiency. It also boasts of infrastructure such as street lights, water treatment plant, central sewage treatment plant, perimeter fence and good road network.”
He lauded the development partner, Echostone Limited, for providing quality homes in a sustainable environment for the people of Lagos State.
Akinderu-Fatai also revealed that the state had finalised agreement with Echostone Development and Family Home Funds for the construction of a Workers Village in Imota. According to him, the proposed scheme would be backed by a convenient mortgage package that would be accessible to workers from both the public and private sectors.
The commissioner also pointed out that soon, another State Workers Village Scheme comprising of 608 homes which would be constructed through Direct Budgetary allocation would commence at Ishefun in Ayobo Ipaja LCDA.
Other housing schemes, which are ready for public use are Igbogbo 2B in Ikorodu-Bayeku LCDA with 360 homes, Lagoshoms Iponri (132)and LagosHOMS Lekki phase 2(84).
He stressed that others such as Odo-Onosa /Ayandelu with 662 units, LagosHoms Sangotedo with 744 units in one cluster and Egan – Igando scheme with 684 units are receiving attention and will be delivered soon.
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